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MORTGAGE AND OTHER NOTES PAYABLE (Details) (USD $)
9 Months Ended 1 Months Ended 9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2014
Construction Loans
City Point
Sep. 30, 2014
Unsecured Debt
Unsecured credit facility
Line of Credit
Sep. 30, 2014
Unsecured Debt
Unsecured credit facility
Line of Credit
LIBOR
January 31, 2016
Sep. 30, 2014
Unsecured Debt
Unsecured credit facility
Line of Credit
LIBOR
January 31, 2018
Sep. 30, 2014
Unsecured Debt
Unsecured credit facility
Line of Credit
LIBOR
November 25, 2019
Sep. 30, 2014
Unsecured Debt
Unsecured Credit Facility, Term Loan [Member]
Sep. 30, 2014
Unsecured Debt
Unsecured Credit Facility, Term Loan [Member]
November 25, 2019
Sep. 30, 2014
Line of Credit
Subscription Line
Fund IV
Mortgage Loans on Real Estate [Line Items]                    
Proceeds from lines of credit       $ 15,000,000            
Repayments of long-term debt       15,000,000           68,800,000
Long-term line of credit       0            
Mortgage and other notes payable 1,141,066,000 1,039,997,000           50,000,000 50,000,000 67,400,000
New mortgage loans                   67,400,000
Basis spread on variable rate         1.55% 1.40% 1.30%      
Unused fee percentage         0.35% 0.25%        
Construction loan, amount released into restricted cash     198,500,000              
Construction loan, amount withdrawn from restricted cash     149,200,000              
Construction loan, amount released into restricted Cash, amount available     $ 49,300,000